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UPDATE 1-Embraer's electric aircraft co Eve to get $30 mln from Spain's Acciona

(Adds details, Acciona CEO quote)

SAO PAULO, March 18 (Reuters) - Brazilian planemaker Embraer SA said on Friday that Spain's Acciona SA will invest $30 million in its electric aircraft subsidiary Eve, which is expected to list on the New York Stock Exchange in the second quarter of 2022.

The investment will take place after Eve concludes its combination with Zanite Acquisition Company for the listing, Embraer said in a securities filing, adding that Acciona's chairman and chief executive Jose Manuel Entrecanales will become one of Eve's seven board members.

"Whether we like it or not, the world's population is increasingly concentrating in larger cities... Urban air transport models such as the one proposed by Eve can be very useful when considering different sustainable mobility solutions," Entrecanales said in the filing.

Acciona is set to join a series of previously announced investors in Eve, such as fixed-wing operators Republic Airways and SkyWest Inc, lessors Azorra and Falko, investment bank Bradesco BBI, technology providers Rolls-Royce and Thales, and defense industry firm BAE Systems .

Eve had disclosed plans for the listing in December.

(Reporting by Gabriel Araujo; editing by Jason Neely and Chizu Nomiyama)

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